S&T AG: Conclusion of merger of Kontron AG into S&T Deutschland Holding AG

Linz (pta023/21.08.2017/15:45 UTC+2) S&T AG (www.snt.at) reports the successful conclusion of the merger of Kontron AG into S&T AG's subsidiary S&T Deutschland Holding AG. This was achieved by the entry today in the registry of companies in Munich of S&T Deutschland Holding AG (under the number "HRB 227648"). This entry followed that of Kontron AG on August 17, 2017 in the registry of companies in Augsburg (under the number "HRB 28913").

The completion of the merger caused the delisting of the stock of Kontron AG, whose shareholders are to immediately become those of S&T Deutschland Holding AG, which is not publicly listed and which is to be renamed Kontron S&T AG. The company's headquarters are to be in Augsburg.

These moves constitute the preconditions for the launching of the previously-announced capital increase for consideration to be undertaken by S&T AG. S&T AG resolved to make the following offer to the new shareholders of S&T Deutschland Holding AG, which has been entered in the registry of companies in Munich, Germany under the number "HRB 227648": the shareholders are to consign their newly-acquired shares in this company into S&T AG shares. This offer is designed to enable former shareholders of Kontron to deposit into S&T AG their shares of S&T Deutschland Holding AG, which is currently not publicly listed. This depositing is to be accompanied by the granting to these shareholders of newly-created shares in S&T AG, which is publicly listed. To achieve this, the rights of subscription held by S&T AG's shareholders are to be excluded. For purposes of simplification of transaction, those entitled to subscribe are to transfer their shares in S&T Deutschland Holding AG (ISIN DE000A2BPK83/WKN A2B PK8.) indirectly - via SMC Investmentbank AG - to S&T AG. These shares thus constitute the consideration necessitating the capital increase in the latter. This transfer is to have taken contractual effect on 1.1.2017.

On S&T AG

S&T AG (www.snt.at) heads a technology group that employs some 3,700 persons and that operates in more than 25 countries around the world. S&T AG is listed on the Frankfurt Stock Exchange (ISIN AT0000A0E9W5, WKN A0X9EJ, SANT). S&T forms part of the Exchange's TecDAX index of high techs. S&T is a leading supplier in Central and Eastern Europe of IT systems and of the services and solutions comprised in them. S&T's taking in 2016 of a stake in Kontron AG - one of the leaders on the world's market for embedded computers - has enhanced its portfolio of proprietary technologies used in the fields of appliances, cloud security, software and smart energy. This move has made S&T one of the leading suppliers on the international markets for Industry 4.0 and IoT (Internet of Things) technologies.

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Emitter:	S&T AG Industriezeile 35 4021 Linz Austria
Contact Person:	Sandra Grünwald
Phone:	+43 1 80191-1125
E-Mail:	Sandra.Gruenwald@snt.at
Website:	www.snt.at
ISIN(s):	AT0000A0E9W5 (Share) DE000A1HJLL6 (Bond)
Stock Exchange(s):	Regulated Market in Frankfurt